07960 Home Values & Market Trends
There are 288 homes currently listed for 07960. 07960 real estate market trends show that home prices range from $340,000 to $9,950,000, and the median sales price in the 07960 zip code is $957,209.2. The total number of properties sold within the past twelve months is 376. In 07960, 42 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
07960 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Morristown | $ 949,571 $ 436/sqft |
Housing Market Summary for 07960
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $797.5K | $903.3K | 13.26% |
| Median Sold Price | $819.3K | $903.3K | 10.25% |
| Homes For Sale | 40 | 277 | 592.50% |
| Homes Sold | 273 | 169 | -38.10% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07960
Browse Homes in 07960
The median list price of a home in Morristown, is $957,209.2. A total of 288 properties are for sale, and the percentage of properties for sale in the zip code is 87.27%. The total count of 07960 properties is 11,806.
- Pre-ForeclosurePre-foreclosure homes account for 0.33% of all residential properties in 07960 with Morristown containing 39 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07960; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,976,723 in Morristown to the lowest home value of $89,097 in Morristown.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07960 ranges from the highest value of $1,144,000 in Morristown to the lowest value of $1,144,000 in Morristown. Bank owned homes and properties account for 0.01% of properties in 07960. There is 1 cities within 07960; Morristown containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMorristown has 2 auction properties, the highest number of properties going to auction in a single city in the state of 07960. Auction homes and other auction properties account for 0.02% of all properties in 07960. There is 1 cities within 07960; of that cities, the median estimated home value for homes going to auction ranges from $729,000 in Morristown to the lowest value of $630,775 in Morristown.